Intelligent Business Transfer are excited to offer this opportunity to find a buyer for a long-established and profitable estate agent with the benefit of freehold premises that also bring in an additional revenue stream. A vendor could opt to buy the building alone and continue to let out the commercial space or could buy the estate agency as a going concern and continue to rent space in the building. Alternatively, an investor may be tempted to buy the building and business as a complete package.
The estate agency business operates profitably as is but it’s easy to see how a buyer might increase current business levels by improving the website and expanding marketing and promotional activities. With a constantly growing interest in properties in this area of the country, it’s a profitable sector. The building generates in excess of £16K per year from the other occupants – this could easily rise to circa £22K.
This is a genuine retirement opportunity. The vendor has built the business up to create a smooth and sustainable enterprise that can be adapted to match the ambitions of the incoming owner. It would enable any buyer to acquire an impressive business that could be extended into new areas or simply maintained as is. The vendor is willing to stay on for a short while to help transition the business.
Current annual income is in the region of £110,000, the majority of income is from managing properties, The...More Details
Current income is in the region of £171,000 per annum (Property Management £137,000, Let only £10,000 and ...More Details
Current annual income is in the region of £2,250,000 ( Sales £1,500,000 and Management/Lettings £750,000) ...More Details